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Award Winning Salon/Spa In San Diego For Sale

San Diego County, California - South, US
Asking Price:
$130,000 Furniture / Fixtures included
Sales Revenue:
$500K - $1M
Cash Flow:
$100K - $250K

This salon/spa business is located in the vibrant, sought-after coastal town of Ocean Beach, San Diego. One block from the famed OB Pier and one block from Newport Avenue, where all things OB happen—Farmer's Market (every Wednesday), Restaurant Night, Chili Cook-Off, Holiday Parade, Earth Day Clean-Up—the salon has constant walk-in traffic—a huge sales plus! It is an exclusive salon with great corporate advertising backing. If an out-of-town visitor or local needs a product, simply googling a San Diego zip code on the website will bring up a product and service "go to" hair salon or spa.

Founded in 1990 and expanding in 1998, the salon is a 1341-square-foot space that has 7 hair stations, 3 shampoo bowls, 2 wellness suites (each with its own sink), a retail section, an area, a room, an office, and a break room. It also has a processing room for stylists and a coffee, tea, and wine serving area. It is freshly painted, with wood floors, wall-to-wall giant windows offering peek ocean views and breezes, and natural and installed lighting—all smelling fresh like the ocean and products combined. This is an asset-plus sale with all the build-out (200k plus), inventory, social media platforms (IF, FB, and TikTok), a website, a database with over 4000 clients, and a takeover lease with as long a term as the new buyer would like. Rent without Triple Net. A great owner-managed building—expansion is possible. The salon owner is retiring after being a hairdresser for 40+ years and is currently President of OBMA (Ocean Beach Merchants Association) and can offer local website advertising of new owners online and in The Beacon. Award Winning: "Best Hair Salon", Reader's Choice, The Beacon since 2009 (almost consistently)

Services include Hair Cuts, Color, Styling, Extensions, Highlights, Balayage, Brazilian Blowouts, Facials, Waxing, Tanning, and Medical Spa Services (under contract and by appointment only) which include Botox, Fills, Threads, etc.

The salon/spa has been in business for the past 24 years and counting. With the right owner, there is no end to its potential! Its reputation alone makes this a worthy investment. It is ready for new energy and owners. The salon is turnkey and ready to go; the new owner can make it their own. Currently, the salon has employees and renters but can be changed to work with the new owner's vision and business plan. It is WIDE OPEN.

Property Information

Real Estate:

Lease

Lease Terms:

Five year or under lease (take over current lease) available. Owner handles all contracts and wants long term tenants.

Leasehold Rent:

4000 per month per annum

Location:

Downtown Ocean Beach. Walking distance to pier and Newport Avenue. Great foot traffic with both locals and tourists combined. Salon is surrounded by coffee shops, restaurants, boutiques, surf shops, and bars.

Premises Details:

Business is located in a commercial building which houses OB Noodle House, Coffee Shop, Flower Store, Martial Arts School, accounting firm, etc.

Size in square feet:
1,341
Planning Consent:

Building is managed by the actual owner who had a hand in building the commercial space which makes servicing anything - very easy. Items needing attention are handled quickly. Rent includes water and there is zero additional fees above the monthly rent.

Business Operation

Expansion Potential:

Expansion is possible - ie: leasing other spaces as they become available to expand. The current space has room for Nail Technicians.

Competition / Market:

This business is the only salon in the Ocean Beach area. While there are other cut and color establishments, the salon, with its combination of services mixed with the well-established hair treatment plan that comes with each cut and color, gives it a unique twist in the area, creating an open door for all to come in and get their "beautification.".

Reasons for selling:

The owner is retiring after 45 years in the hair industry and Managing Owner (since January 2024) is changing industries.

Trading hours:

10:00 am to 7:00 pm

Employees:
5 plus booth renters
Years established:
24

Other Information

Support & training:

Transition help by retiring owner available for up to 3 months from date of purchase (can be extended), Owner is President of OBMA (Ocean Beach Merchants Association) and can help with advertising new ownership on local OBMA website and newsletter. There is also education available and encouraged. Ongoing classes on cut and color are hosted by salon.

Financing available:

Currently would like a complete sale - but is open to creative ideas.

Furniture / Fixtures value:
$250,000 - included in the asking price
Inventory / Stock value:
$16,000
Relocatable:
This business can be relocated.